Small grants give expectant families a boost, but the impact of larger sums depends a lot on the recipient’s gender
. The author finds that it boosted birth weight and reduced premature births , especially for young mothers in deprived areas, with reduced stress the most likely driver. Money matters.
Wealth makes men more appealing to current/prospective partners, but gives women an early out from unsatisfactory ones Never mind the impact of such small grants; what do large increases in wealth – such as winning the lottery – mean for families? Aof Swedish lottery players finds that it really matters whether the winner is a man or a woman.
If men have a big win, they are much more likely to get or stay married. A million kronor win increases the chance of unmarried men getting hitched in the next five years by 30% and reduces the chance of married ones getting divorced by 40%. And, married or not, they have more kids. The impact on women is very different: a lottery win on that scale almost doubles their short-run probability of divorce. There’s no long-run impact so wealth is accelerating divorces, not causing more. So wealth makes men more appealing to current/prospective partners, but gives women an early out from unsatisfactory ones. Who says romance is dead?
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